Employers must report shares, securities, and share options issued to employees for the 2024/25 tax year by 6 July 2025—the same deadline as the 2024/25 P11D submission.
These annual returns must be submitted online via HMRC’s reporting system. If employers have reportable securities, they must attach the relevant spreadsheet template, which HMRC provides on its website. These templates ensure accurate data entry and smooth submission.
It’s important to use the correct template, as HMRC provides distinct formats for each of the four tax-advantaged employee share schemes:
- Company Share Option Plan (CSOP)
- Enterprise Management Incentives (EMI)
- Save As You Earn (SAYE) share options
- Share Incentive Plans (SIP)
Additionally, employers must report any other employment-related securities that do not fall under a tax-advantaged scheme, including those issued to employees and directors.
For a seamless submission, ensure all relevant information is entered accurately and uploaded by the deadline. Missing the due date may result in penalties, so it’s best to get ahead of the process.
